Rajeev Jhawar's Impact On Usha Martin's Operations: Propelling The Company Towards Innovation In New Product Development
RAJEEV JHAWARFounded in 1986 as Usha Beltron Ltd., Usha Martin Limited has seen rapid expansion under the guidance of Rajeev Jhawar since its inception, steadily climbing the ranks in recent years. Rajeev Jhawar Usha Martin Ltd Managing Director and Executive Director. He also assumes the role of Chief Financial and Compliance Officer for GJ Steel Public Co., Ltd. and G Steel Public Co. Ltd. Additionally, he contributes as a board member for 17 other companies and is a member of esteemed institutions such as the Institute of Chartered Accountants of India and the Institute of Cost and Works Accountants of India.
Rajeev Jhawar's career trajectory encompasses roles such as Managing Director at Usha Martin Industries Ltd., Director-Finance & Commercial at SBQ Steels Ltd., and DirectorFinance & Commercial at Tropical Agrosystem India Ltd. His educational background includes degrees from the London Business School and St. Xavier's College.
Usha Martin Limited's history traces back to producing the very first wire rope in 1962. The company garnered over 300 percent oversubscription for its public offering in 1961. By 1963, Usha Martin Limited issued its inaugural dividend, achieving a remarkable production escalation from 3,600 tonnes to 7,200 tonnes in just two and a half years.
After discontinuing its steel business venture, Usha Martin underwent a strategic shift, focusing on capacity expansion, barrier removal, and enhancing core product efficiency to ensure flexibility and competitiveness. With Rajeev Jhawar's stewardship, Usha Martin is devising strategies for sustainable growth in capacity and competence, positioning itself as resilient and future-ready.
Usha Martin Limited, one of the world's foremost wire rope manufacturers, rapidly gained prominence. The company's wire rope manufacturing facilities are situated in Ranchi, Hoshiarpur, Dubai, Bangkok, and the UK. Usha Martin is renowned for offering one of the most diverse selections of wire ropes globally. With a presence in India and abroad, Usha Martin Limited and its affiliates engage in the production and marketing of wires, wire ropes, and strands.